Frequently Asked Questions

Do directors owe duties directly to shareholders?

Not generally in the fiduciary sense. The Supreme Court in Peoples held that directors and officers owe their fiduciary obligation to the corporation, and BCE repeated that while directors may legitimately consider stakeholder interests in deciding what is in the corporation’s best interests, the duty itself is owed to the corporation.

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Frequently Asked Questions

Do directors owe duties directly to shareholders?

What we do

Our Services

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